Consumer sales of recreational cannabis products in November 2022 fell in almost every Canadian province and major city, according to newly released data by Statistics Canada.
Overall, the country saw a 4.3% monthly decline in adult-use sales to 373.3 million Canadian dollars ($277 million) in November, marking the second straight monthly decline.
ADVERTISEMENT
Ontarians bought CA$147.2 million worth of recreational cannabis products in November, 4.2% less than in October.
On a dollar basis, Ontario led all provinces with CA$6.5 million less in recreational marijuana sales in November compared to the previous month.
In Alberta, sales fell 6% to CA$66.4 million in November. That marks a CA$4.2 million sales decline from October.
British Columbia’s November sales of CA$55.8 million were 6%,or CA$2.5 million, lower compared to October.
According to at least one analyst, sales of adult-use cannabis in Canada are slowing more quickly than expected.
And, in some
Read full article on Marijuana Business Daily
